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Price Inelastic Supply Explained | A-Level Economics

Geoff Riley

25th April 2025

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In this A-Level Economics revision video from Tutor2u, we break down what makes supply inelastic, why some industries can't respond quickly to price changes, and how firms like Apple and Tesla work to overcome those limits. From farming to energy, this is a must-know concept for exam success.

Price Inelastic Supply Explained | A-Level Economics
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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.